PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Burt County State Bank

Tekamah, NE · Cert 14592

FDIC

Q2 2004

$40.8MAssets
$24.4MLoans
$34.0MDeposits
$3.2MEquity
Loan mix
24%RE $2.8M38%C&I $4.5M37%Consumer $4.4MQ2 2003Q2 2004
Deposit mix
87%Interest-bearing $29.7M13%Noninterest $4.3MQ2 2003Q2 2004

NIM

6.54%Q2 ’026.04%Q2 ’035.12%Q2 ’04+2%-10%

Non-interest income vs. expense

3.60%Q2 ’022.45%Q2 ’032.31%Q2 ’04-38%-9%

Executive Summary

  • Earnings: ROA of 1.05%, up 1 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.46%.
  • Funding: loans stand at 71.74% of deposits as of Q2 2004.

Financial Results

Return on Assets (quarter, annualized)

1.05%+1 bps YoY

Net Interest Margin (quarter, annualized)

3.73%-41 bps YoY

Efficiency Ratio (quarter, annualized)

54.18%+127 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.04%1.26%0.36%0.99%1.05%+1 bps
Return on Equity13.10%15.83%4.57%12.85%13.65%+55 bps
Net Interest Margin4.14%3.74%3.63%3.77%3.73%-41 bps
Efficiency Ratio52.90%37.95%69.06%48.83%54.18%+127 bps
Non-Interest Burden1.96%1.10%2.37%1.59%1.78%-18 bps
Growth
Asset Growth (YoY)-4.22%-1.13%0.25%2.33%3.72%+794 bps
Loan Growth (YoY)-6.41%-9.58%-5.25%-2.68%-0.77%+564 bps
Deposit Growth (YoY)-4.93%1.04%0.61%2.82%1.12%+605 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.14%1.36%1.11%1.38%1.46%+32 bps
Allowance / Loans1.67%1.68%1.63%1.58%1.60%-7 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.10%13.63%12.59%12.28%12.78%-32 bps
Equity / Assets7.87%8.07%7.78%7.59%7.82%-6 bps
Liquidity & Funding
Loans / Deposits73.11%70.45%73.75%72.30%71.74%-137 bps
Liquid Assets / Assets22.66%22.16%23.81%21.56%34.26%+1,160 bps
CRE / Total Capitaln/an/an/an/an/an/an/a